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by goatherders
3162 days ago
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I don't much care about the semantics of product market fit, but there are a lot of companies - some with astronomical valuations - that sell things at prices that won't sustain the business. These guys could have taken other people's money and done the same thing. "We just need to buy market share until the autonomous moving robots are available!" I applaud them for not doing so. And FWIW I usually find these autopsies annoying but this one is well written and insightful. Applause. |
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Sure, there are companies with astronomical valuations with unsustainable business, but for whatever it is worth they seem to be good at marketing/presenting to VCs too.